Feb 22, 2013 10:00am PST
and even bill clinton cited by president obama as a model boosted growth as well, raised taxes, but also reduced regulation, and used the tax revenues to help balance the budget. and the end of the payroll tax cut, which you mentioned earlier, was also was a temporary hit, in fact, to the consumer's pocket book, handing out money from the government, money it doesn't have and has to borrow, doesn't do any lasting good for the economy. listen. >> it's not a recession, but it certainly isn't the kind of recovery that we've had in the past. >> democrats, megyn, have a different view on the reasons of course, but agree the economy is crawling along and needs more help from the government at least for now. >> it's good to see you back. >> nice to see you. >> glad to see you again. >> thanks, coming up now, steve moore, a senior economics writer for the wall street journal. want your thoughts on this, steve. on the one hand you've got the payroll tax hikes that everybody suffers who pays taxes and you've got the gas prices that everybody is suffering from and got this unemployment rate, so on.
Feb 21, 2013 10:00am PST
to president clinton. and marc thiessen, a former speech writer for george w. bush. >> megyn: so your take on those two varying messages, marc? >> it's very simple. the president proposed these cuts and signed them into law and came up with them and did it by the way for political reasons not economic reasons. and to create something that congress would avoid. he did it because he didn't want another debt limit strike, and now all of a sudden the fiscal armageddon is doing. if the cuts are so bad. what is the president doing about it, has he proposed any cuts the way that the republicans did. make them more targeted, met with john boehner? no, he's going on and helping campaign events with first responders and talking to local tv anchors who won't ask tough questions like wasn't this your idea, mr. president? so, he is campaigning, rather nan leading and he should be governing, not going out there trying to blame the republicans for his own creation. >> megyn: you know, simon, to hear the president tell it you would think he has nothing to do with the sequester. >> i don't think that's tru